Legal Funders Challenge Tribunal’s £200 Million Settlement Allocation in Mastercard Litigation

Innsworth Advisors, the financial backer of the ongoing litigation against Mastercard, is challenging the allocation of a £200 million settlement. Innsworth alleges that the Competition Appeal Tribunal made an “error of law” in awarding them £68 million after accounting for costs and expenses totaling £45.5 million. The funder contends that the awarded sum is insufficient and seeks a judicial review of the tribunal’s decision. Further details can be accessed in the original article, subject to paywall restrictions.